Dame Dash Auctions Roc-A-Fella Stake and Chain
Dame Dash Auctions Roc-A-Fella Stake and Chain
Dame Dash Auctions Roc-A-Fella Stake and Chain
News summary

Dame Dash is actively seeking to sell his one-third stake in Roc-A-Fella Inc., which includes the rights to Jay-Z's iconic album 'Reasonable Doubt', and has raised the stakes by offering an original Roc-A-Fella chain to any buyer who bids over $10 million. He announced this incentive on Instagram, stating he has received numerous inquiries but emphasizes serious buyers only should contact him. Dash claims that if the chain isn't given by him, it isn't a legitimate Roc-A-Fella chain, highlighting his role in bestowing these chains during the label's prime. However, Jay-Z's legal team has indicated that full ownership of 'Reasonable Doubt' will transfer to him in 2031, complicating the sale's value. Despite this impending transfer, Dash insists his stake is still for sale and has received offers, some of which he considers substantial. The auction for Dash's shares is set for August 29, with a minimum bid of $1.2 million.

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